FTSE 100 is heading towards a line of 8771.7402. If this movement continues, the price of FTSE 100 could test 8771.7402 within the next 2 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.
Supported by RSI below 40
Target: 8771.7402 Entry: 8639.29 Stop: 8551.8784
ASX 225 is moving towards a resistance line. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound
ASX 225 is moving towards a key resistance level at 8371.7002. ASX 225 has previously tested this level 4 times and on each occasion it has bounced back off this
The movement of Nikkei 225 towards the resistance line of a Rising Wedge is yet another test of the line it reached numerous times in the past. This line test